A strengthening labor market and lower gasoline prices mean Americans have extra cash for the holidays. Some economists are forecasting the money will keep flowing into, and out of, consumers’ pockets next year.
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Foreclosure rates in Rhode Island were lower in July than they were a year ago, but are still higher than the national foreclosure rate, according to information released Tuesday from real estate data firm CoreLogic.
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Quarter-over-quarter personal income growth in Rhode Island was 1.4 percent in the second quarter, compared with 1.9 percent in the first quarter, according to data released by the U.S. Bureau of Economic Analysis on Tuesday.
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Rhode Island charities received more than $1.2 million in cash and in-kind donations over the entire past fiscal year from Wal-Mart and the Wal-Mart Foundation, according to the company and its philanthropic arm.
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Dignitaries on Tuesday celebrated a grand opening of Alex and Ani Hall, a $17 million renovation of a 1958 Rhode Island College campus building that reopened to students at the start of this fall semester.
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The 118-year-old Carey School stopped operating as a school in 2009. It is being redeveloped by Boston-based Arch Street Development LLC, which specializes in redevelopment, adaptive reuse and historic building preservation in the Northeast.
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Rhode Island was among the top five states last month with delinquent mortgages, and also ranks fifth among states with the highest percentage of “underwater” properties in the second quarter, according to information released Thursday by two separate real estate data tracking firms.
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Get the most up-to-date data on the Rhode Island and southern Massachusetts business community from the PBN List Center. Download and purchase PBN Lists as well as the complete Book of Lists in Excel format.